Gyscoal Alloys Limited Right Issue

₹49.18 Cr BSE, NSE 2 Jan 2023 – 12 Jan 2023

Closed BSE, NSE
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Issue Price
₹2.75
Face Value
₹1.00
Issue Size (Shares)
178,851,382
Issue Size (₹ Cr.)
₹49.18
📅 Right Issue Timetable
Last Date to Buy Shares
Record DateFri, Dec 23, 2022
Credit of Rights EntitlementsFri, Dec 30, 2022
Bid/Offer Opens OnMon, Jan 2, 2023
Issue Open DateMon, Jan 2, 2023
Renunciation Last DateMon, Jan 9, 2023
Bid/Offer Closes OnThu, Jan 12, 2023
Issue Close DateThu, Jan 12, 2023
Deemed Date of AllotmentThu, Jan 19, 2023
Credit DateWed, Jan 25, 2023
Listing DateFri, Jan 27, 2023
📋 Right Issue Details
Issue Size (Shares)178,851,382
Issue Size (Amount)₹49.18 Cr.
Issue Price₹2.75 per share
Face Value₹1.00 per share
Entitlement Ratio
Listing AtBSE, NSE
Terms of Payment₹2.75 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2022-03-31FY IIFY I
Income22.92
EBITDA
Net Worth-31.46
Reserves & Surplus

Amount in ₹ Crore

🏢 About the Company
Incorporated in 1999, Gyscoal Alloys is engaged in the trading of iron and steel scraps, billets, CTD Bars, TMT Bars, and stainless steel long products.

The stainless steel long products of Gyscoal Alloys include angles, bright bars, black bars, flats, hexagonal and round corner squares (RCS), channels, sections, pata-patti, and rectangles in standard sizes. The company obtained ISO 9001:2015 certification for the manufacture and supply of its products.

Gyscoal Alloys has exported its products to countries like Thailand, Bangladesh, Vietnam, Kenya, Malaysia, Yemen, UAE, Philippines, Egypt, Germany, Ecuador, Morocco, Guatemala, Italy, Taiwan, Srilanka, Belgium, Brazil, Turkey, Indonesia, Iran, Russia, and Myanmar.

The company is led by Viral Mukundbhai Shah, Promoter and CEO. He is in association with the company since its incorporation and is one of the founding members.
📞 Company Contact
CompanyGyscoal Alloys Limited
AddressPlot No. 2/3 GIDC Ubkhal, Kukarwada,
Tal. Vijapur, Dist. Mehsana Kukarwada – 382830,
Mahesana, Gujarat- 382830 India
Mahesana, Gujarat, 382830
Phone+079 66614508
Emailcs@gyscoal.com
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailsupport@purvashare.com
WebsiteVisit ↗